This is called Exit from Range and this is how to read it, 248 pips

Exit from range is when we have a break. This is how to read the range using Speed Index and confirm the entry with a Plutus signal. Read the annotations on chart and if you think it makes sense like this post.

1. Hard to move down (HTMD) speed index 13.4S, abnormal speed index compared to the previous ones - something is cooking

2. A PRL signal long - do we take it? No because we did not break a significant level

3. Another HTMD with speed index 8.6S

4. Push Up (PU) with speed index 11.0s before the exit - buying

5. Plutus signal PFL breaking the range - this is our entry and up we go 248 pips!!

...more Plutus long PRL later (another indication of strentgh)

... a short signal later but it did not break a level - therefore we ignore

Enjoy!